Pretend you have an important position you have to fill. Do you hire from the outside or do you promote from within?

This is a very important question you have to answer, and it is imperative that you weight the costs and benefits of each strategy. [click to continue...]

Stuck looking for start-up capital? Don’t want to give up equity to a Venture Capitalist in exchange for funding?

Your business is in desperate need of seed money, yet you don’t want to sell our soul (or your ownership) to get it.

So what is a new entrepreneur to do? Unfortunately, if we are going to be picky with how we get funding, we must resort to the one thing that has caused us to go out on our own in the first place: getting a job. [click to continue...]

I think our traditional view of the role of a true entrepreneur has to be re-looked.

A month ago I wrote a post discussing why working for a salary is stupid, and that the only reason you should go into business is either to: a) grow income, or b) work less.

I have given these points a lot of thought and, while these are two very valid reasons to work for yourself, I don’t think that they are the only ones. More precisely, I don’t think these reasons tell the full story as to the true benefits to entrepreneurship. [click to continue...]

For some people, it is hard to convince them to go out on their own to work for themselves.

People will argue that with employment, the pay is more reliable and is a safer bet than with entrepreneurship.

While there are plenty of articles out there (as well as the current economic conditions) that prove employment to be unstable, I would like to present a brief case as to why entrepreneurship makes more fiscal sense, not in stability but in monetary value. [click to continue...]

The beginning stages of starting your own business is tough. It is both time consuming and financially difficult.

It is easy for business owners in the very beginning stages of starting a business to get discouraged and consider re-entering the workforce, since chances are that you are bringing in little revenue.

While this may seem tempting, it is also important to re-evaluate all of the reasons you initially left your previous job to start your own business. [click to continue...]